High Arctic Energy Services Inc T.HWO

Alternate Symbol(s): HGHAF

Energy Oil & Gas Equipment & Services

High Arctic Energy Services Inc. is a Canada-based energy services provider. It provides drilling and specializes well completion services and supplies rental equipment, including rig matting, camps, material handling, and drilling support equipment. In western Canada, it provides pressure control equipment on a rental basis to a number of exploration and production companies. Its North American service lines include nitrogen and oilfield rental equipment. Its fleet of pumper units operate onsite to deliver nitrogen to the oil and gas industry when and where required. Its International Operations service lines include drilling rigs, workover rigs, worksite matting and rental equipment. Its fleet of specialized rental equipment includes camps, cranes, trucks, forklifts, pumps, gensets and lighting towers. It is also focused on offering pressure control equipment and equipment supporting the high-pressure stimulation of oil and gas wells, along with other well site rental equipment.

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High Arctic Energy Services Inc > Carnac the magnificant predicts

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Comment by colouramaon Apr 02, 2024 12:59pm

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Post# 35965490

RE:RE:RE:RE:RE:RE:RE:RE:Carnac the magnificant predicts

One thing we have learned with this management is that they don't appear to be particularly punctual about things.

If they are going to make a RoC in the 30-50 cents region, that would give them what about $25 million in cash still? I would like them to provide some commentary on the use of this, particularly what their vision is for Canadian operations if they keep substantial capital for it - a sustainable dividend paying setup? A growth company?

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